First Citizens BancShares stock rises 3% after beating Q4 profit estimates

From StockTwits: 2025-01-24 12:48:32

First Citizens BancShares Inc. stock rose 3% after reporting fourth-quarter net earnings of $45.10 per share, beating the market estimate of $39.11 per share. The company’s net interest income declined by 10.6% year-over-year to $1.71 billion, but non-interest income jumped 28.7% to $699 million. First Citizens BancShares also forecasted 2025 net interest income between $6.6 billion and $7 billion. Retail sentiment on Stocktwits for FCNCA was ‘extremely bullish,’ with user comments largely positive. Over the past year, the stock has gained 62%. Wall Street’s major banks had also topped profit estimates last week.



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